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internetnews.com: JBoss Signals Growth with New CFO

Mar 31, 2004, 03:00 (0 Talkback[s])
(Other stories by Sean Michael Kerner)

"JBoss signaled a swing into a new strategic direction for growth Monday with the announcement of a new chief financial officer, Cary Smith. Smith was named to fill the slot that had been held down by Stephen Hobbs, who was pulling double duty as CFO and controller for the company.

"The news comes on the heels of a $10 million dollar round of financing led by Matrix Partners that closed at the end of February. The JBoss financing is one among a flurry of recent open source financings that venture investors have been bestowing on open source players in recent months.

"Smith is a 15-year industry veteran who most recently served as the chief accounting officer for Internet Service Provider Earthlink. Smith had before that been the vice president and corporate controller at MindSpring Enterprises, which was acquired by Earthlink..."

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